Stock exchange update

data1The Icelandic stock exchange is having a mixed first day of trading after its suspension.

Some news websites are reporting a 75% plunge in its value upon reopening this morning; but that fails to take into account that not all the listed companies are yet trading. The true level of the Iceland Stock Exchange will not be known until all companies begin trading again.

At the present moment, four companies have lost value between 0.2 and 15 percent, and three companies have gained by 2 to 8 percent.

The NASDAQ OMX website recorded a 1.9 percent drop overall an hour and a quarter into trading.

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